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Croatia's opposition leader stepping down after vote defeat

The Associated Press  |  Posted Jul 6th - 6:34am

The leader of Croatia’s main liberal opposition party announced his resignation Monday, a day after a crushing defeat in the country’s parliamentary election held amid a coronavirus spike.

Uber buys Postmates in $2.65 billion all-stock deal

Matt Ott, Associated Press  |  Posted Jul 6th - 6:15am

Uber finally got its food delivery company, acquiring Postmates in a $2.65 billion all-stock deal, the ride-hailing giant confirmed Monday.

Uber buys Postmates for $2.65 billion as food delivery companies try to survive a crowded, intensely competitive field

The Associated Press  |  Posted Jul 6th - 6:09am

Uber buys Postmates for $2.65 billion as food delivery companies try to survive a crowded, intensely competitive field.

Ford revives Bronco brand, aims at Jeep's big off-road sales

Tom Krisher, Associated Press  |  Posted Jul 6th - 5:42am

When it comes to rugged vehicles that go off the road, over rocks and into the mud to experience nature, Jeep for years has cornered the U.S. market.

Serbian military opens field hospital amid coronavirus spike

Dusan Stojanovic and Mike Corder, Associated Press  |  Posted Jul 6th - 5:37am

Troops in Serbia set up an emergency 500-bed field hospital Monday, a day after neighboring Kosovo re-imposed a nighttime curfew in four cities, as the Balkans battled to contain a surge in coronavirus infections that underscored the risks of swiftly easing lockdowns.

Commerzbank shares jump after CEO, board chair quit

The Associated Press  |  Posted Jul 6th - 5:28am

Shares in Germany's struggling Commerzbank rose more than 8% on Monday in the wake of the resignation of the bank's CEO and board chairman under pressure over the bank's sagging profits and stock price.

French drug company accused of favoring profits over lives

Nicolas Vaux-Montagny, Associated Press  |  Posted Jul 6th - 4:55am

Accused of favoring profits over patients’ lives, French pharmaceutical company Servier Laboratories is facing millions of euros in potential fines and damages after a huge trial involving 6,500 plaintiffs who say the company allowed a diabetes drug to be widely and irresponsibly prescribed as a diet pill — with deadly consequences.

China criticizes US joint carrier drills in South China Sea

The Associated Press  |  Posted Jul 6th - 4:17am

China on Monday accused the U.S. of flexing its military muscles in the South China Sea by conducting joint exercises with two U.S. aircraft carrier groups in the strategic waterway.

Stores focus on cleaning to get shoppers back to spending

Anne D'Innocenzio, Associated Press  |  Posted Jul 6th - 4:00am

Forget about making shopping fun. As clothing retailers and others try to stay viable during the coronavirus pandemic, they're hoping steps like cleaning during store hours, offering hand sanitizer and other safety measures will bring in customers to spend.

Trump-connected lobbyists reap windfall in federal virus aid

Brian Slodysko, Associated Press  |  Posted Jul 6th - 3:45am

Forty lobbyists with ties to President Donald Trump helped clients secure more than $10 billion in federal coronavirus aid, among them five former administration officials whose work potentially violates Trump's own ethics policy, according to a report.

Update on the latest in business:

The Associated Press  |  Posted Jul 6th - 3:45am

Asian stock markets are higher today as investors look ahead for data they hope will support optimism about a global economic recovery.

2020 Watch: Has Trump surrendered to the coronavirus?

Steve Peoples, Associated Press  |  Posted Jul 6th - 3:34am

and his daughter. In case you missed it, Ivanka Trump urged Americans to practice "social distancing and wear a mask when in close proximity to others” just before her father faced a large South Dakota crowd that was doing the opposite.

Asia stocks rise as investors shrug off virus worries

Joe McDonald, Associated Press  |  Posted Jul 6th - 2:39am

Asian stock markets rose Monday as investors shrugged off rising coronavirus cases in the United States and some other countries.

UK's lockdown-hit arts venues to get $2B rescue package

Jill Lawless, Associated Press  |  Posted Jul 6th - 2:28am

The British government has announced more than 1.5 billion pounds (almost $2 billion) to help the country’s renowned arts and cultural institutions recover from the coronavirus pandemic, after some theaters and music venues warned that without support they might never open again.

Australia to shut state border as Melbourne infections surge

Andy Brownbill and Rod McGuirk, Associated Press  |  Posted Jul 6th - 1:39am

Australian authorities were preparing to close the border between the country's two largest states, as the country's second-largest city, Melbourne, recorded two deaths and its highest-ever daily increase in infections on Monday.

Africa starts opening airspace even as COVID-19 cases climb

Cara Anna, Associated Press  |  Posted Jul 6th - 1:14am

As COVID-19 cases surged in many parts of the world, the island nation of the Seychelles was looking good: 70-plus straight days without a single infection. Then the planes arrived.

AM Prep-Cooler Copy

The Associated Press  |  Posted Jul 6th - 1:05am

School districts across America are in the midst of making wrenching decisions over how to resume classes in settings radically altered by the coronavirus pandemic, with school buses running below capacity, virtual learning, outdoor classrooms and quarantine protocols for infected children the new norm.

Tokyo governor, Abe say they'll cooperate on virus, Olympics

Mari Yamaguchi, Associated Press  |  Posted Jul 5th - 11:56pm

Tokyo’s governor and her political rival, Japanese Prime Minister Shinzo Abe, agreed Monday to cooperate on handling the coronavirus outbreak to safely hold the Olympics next year.

The Latest: Flights from UK to Greece can resume July 15

The Associated Press  |  Posted Jul 5th - 10:55pm

Greece’s government has announced that direct flights from the United Kingdom to all airports in Greece can resume on July 15.